NEW YORK — Newtek Business Services, Inc., a provider of business services and financial products to the small- and medium-sized business market, marked a milestone last month when it signed its 200th credit union strategic alliance partner.
The $161 million Cornerstone Community Financial FCU is the latest alliance.
"While we are proud of the continued growth of our credit union base, it represents only a small share of the market, creating significant opportunity for us to increase the overall number of Newtek credit union partners," said Barry Sloane, chairman/CEO of Newtek.
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